Meet The Right Mortgage Loan Officer

Centier Mortgage Loan Officers have been putting homes & dreams together for families since we were founded in 1895. We have a wide variety of mortgage products tailored to meet your needs. Our products range from first time homebuyer programs to refinances and construction loans. We work with you to find the right mortgage program to fit your circumstances.

Michele Pavey

Mortgage Loan Officer

NMLS # 322923

Michele Pavey

Michele is a respected loan officer serving the greater Lafayette area. She has more than 15 years of professional lending experience.

Michele sits on the Board of Directors for The Friends of Downtown and the Community Relations Advisory Committee. She participates in the Wyandotte PTO and is an Ambassador for the Greater Lafayette Chamber of Commerce.

Available Home Loan Products

We offer a variety of mortgage loan products with great rates,
great service & low closing costs.

Conventional Fixed Rates

Conventional Fixed-Rate mortgages are loans in which the interest rate never changes. It is effectively “locked in” for the entire length of the mortgage, typically 15 or 30 years. As a result of this, the monthly payments for the mortgage never change, unless other things such as property taxes or home insurance costs go up.

Conventional Adjustable Rates (ARM's)

Conventional Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates. In other words, the minimum mortgage payment will not always be the same every month. How often it changes depends on the types of indexes the lender applies. The indexes are used to determine the interest rate of the mortgage.

FHA Fixed Rates

FHA mortgages are loans in which the Federal Housing Administration provides mortgage insurance for the loan. The FHA loan allows for the purchase of a home with a low down payment, low closing costs and easy credit qualification. Fixed-Rate mortgages are loans in which the interest rate never changes.

Jumbo Fixed Rates

Jumbo mortgages, because of their size, are used to buy expensive homes. Fixed-Rate mortgages are loans in which the interest rate never changes. Luxury properties are often harder to re-sell at the original purchase price if a loan default occurs. A jumbo loan requires a bigger down payment and higher interest rates. Interest rates can vary depending on the type of real property and the amount of the loan. Multiple appraisals are often needed before a jumbo loan can be approved.

Jumbo Adjustable Rates (ARM's)

Jumbo mortgages, because of their size, are used to buy expensive homes. Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates. In other words, the minimum mortgage payment will not always be the same every month. Luxury properties are often harder to re-sell at the original purchase price if a loan default occurs. A jumbo loan requires a bigger down payment and higher interest rates. Interest rates can vary depending on the type of real property and the amount of the loan. Multiple appraisals are often needed before a jumbo loan can be approved.

Construction-Perm Loans

These programs combine the construction and permanent financing of your project. You qualify for the loan once, lock in the permanent rate, sign one set of loan documents and have up to 12 months to complete the construction. During the construction period, interest is charged only on the funds that have been disbursed. When the project is completed, the permanent loan period begins.

Indiana Housing & Community Development Loans

A loan for the first time homebuyer program sponsored by the State of Indiana. The IHCDA offers programs that assist Hoosiers with making down payments, getting low interest rate loans and even special programs for families that live in rural areas.

Waiting for the perfect interest rate? Let us do the monitoring, and we'll send you an email when our rates meet your target rates.

Thank you for choosing Centier Bank as your home mortgage lender. The following steps are critical to process your online mortgage application. Once you have completed your application, a Centier loan officer will contact you to discuss the application and answer any questions you may have. Your loan officer is also available to assist at any time during the mortgage process. At Centier, we pride ourselves on world class service and are happy to help you realize your dream of a new home.

IMPORTANT

In order for us to proceed with your loan request in a timely manner, we will need to receive copies of the following documents within 7 calendar days of your application:

Copies of all W-2’s and/or 1099 forms for all applicants for the past two years

Most recent pay stubs covering the last 30 days for all borrowers

Copies of the most recent bank statements for each checking, savings, money market, 401k, or any other depository accounts listed on your application

Application fee, paid either by credit card on the system, or check payable to Centier Bank

If you are purchasing a home, a legible copy of all pages of the Purchase Agreement signed by all buyers and sellers

IRS Form 4506T, “Request for Transcript of Tax Return,” signed by all applicants

Additional information specific to your loan request may also be required.

If the above documents are not provided to us within 7 calendar days of the application, we will assume you do not wish to proceed and we will give no further consideration to the application. Any costs incurred by Centier in conjunction with your loan application will be considered earned and are non-refundable.

I agree to the terms listed above and wish to continue with the online application.

Customer Quotes

“I was referred to Michele when I was ready to become a first time homeowner. The home loan process at first seemed a little overwhelming, but Michele was there every step of the way to make sure everything was taken care of. Michele was always available for any questions or concerns, and she made me feel at ease with what at first seemed to be a daunting task. Thanks to her help, I am now a happy homeowner. I would recommend Michele to anyone who is in search of a home loan.”Tiffany

“I had the best experience getting a home loan with Michele. She walked me through everything. If I had a question she could answer it, and I had a lot of questions. Michele also did a lot of the leg work for me. Thank you again for all you did for me.”Penny

“My hopes of owning a home seemed more of a dream than reality. Michele reviewed my financials, assisted with document preparation, and suggested I fill out a mortgage loan application. I was astonished when she informed me I was approved for a mortgage and should start looking for a home. The hardest part of the process was actually choosing what home to buy. To this day, when I pull into the drive way, I can’t believe I actually own the home of my dreams! ”Tony

Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act)

The SAFE Act requires Mortgage Loan Originators (MLOs) employed by federally insured depository institutions to register with the Nationwide Mortgage Licensing System and Registry (“the Registry”) and to maintain and renew their registration in that system annually. Click on the link below to view Centier employees registered with the Nationwide Mortgage Licensing System and Registry.